Elon Musk's SpaceX turns Alphabet's $900 million investment into $94 billion, a 100-fold return in 10 years
Billionaires Africa | 15.08.2026 01:59
When Google parent Alphabet wrote a $900 million check into Elon Musk's SpaceX in 2015, the rocket company was a closely held startup with audacious ambitions and an unproven commercial model. A decade later, that single investment is worth $94 billion, a return of more than 100 times the original outlay, and Alphabet has emerged as the largest single institutional holder of SpaceX stock.
